Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment turned firmer with the Intraday Oscillator climbing high to end at its high at +1,030.40; gained 532.88 when compares with its opening point. The Average recorded a gain of 691.27.

In MSCD, %K (Yellow) computed as -431.60 (+204.09), %D (Red) -268.82 (+76.84) and the Histogram -192.38 (+7.40).

MSCD - Technical Analysis

After today’s trade, both indicators hooked upwards and the Histogram printed its first shorter bar in the negative area.

Market sentiment is improving as the Histogram printed its first shorter bar. But, the trend remains uncertain as the round bottoming process is in initial stage and %K still staying beneath %D.

(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)